Well played, Max. You called this awhile ago and the silver chickens are coming home to roost. Max, you da man!!!!!

This looks like the start of a big shitstorm. There’s no reason for him to come out so quickly and apologize like this unless it is something massive! These guys normally just stone face and pretend that it’s all good, no problems, doing god’s work. Different tune now. Now it’s ‘oh boy, is this an egg on our face’. Sticking, rotten, filthy eggs.

Wow. Let me share a post from zerohedge from a fellow (lady?) named “knukles” – yarp, it’s likely a dude. I like the cut of his jib.

To the headline “Is JPM Staring At Another $3 Billion Loss?”

reply:

Geez that’s generous.
Dudley hisself wouldn’t know a CDO from a CLO from a CFO from an IdontNo if one of ‘em pissed in his shoe while he was playing with himself.

At least Dimon has Blythe who is a wiz bang tried and seasoned pro at handling other people’s hedges when the they turn into real money nightmares migrating mysteriously onto JP’s own books. Hedges, other people’s hedges, mind you and your own fucking business.

But never fear. The book is run out of London. No grasshoppers, not London as in the Disney failed reincarnation nothing like the glorious civil past of the ’60’s that some of us ex-pats still long for, but the City, where infinite rehypothication and no return of other people’s monies ever takes place, Peter Pan.

And soothing all open wounds, Paul Krugman’ll publicly speak in some obtuse evil breathed manner seemingly vilifying the banksters while pleading for more QE to ensure the survival of the monied classes and trickle down Obamanomics, while Ben opens the Discount Window late at night for a Red Light Whore’s Special at Attractive Rates for His Favored TBTF Owners.

Or else they’ll really fuck up that other client’s hedge in the gold and silver markets and make that Other Asset category on the FED’s balance sheet into Other Fucking Labilities, real quick.

Bob Wills and the Texas Playboys
(1936) Bring it on Down to My House Honey, th’aint nobody home but me
Aaaaahaaaa!!
One of the very first recordings in the world with an electric guitar (lap steel)http://www.youtube.com/watch?v=qEIBmGZxAhg

So funny when they make profit you hear, JPM makes profit but when they lose you get to hear some obscure name of some wrong whale, the single so-called rogue trader. Cowards don’t even dare to take responsibility. Rogue trader get’s ousted and it’s business as usual. The Truman Show must go on.

“Bloomberg News first reported April 5 that London-based trader Bruno Iksil had amassed positions linked to the financial health of corporations that were so large he was driving price moves in the $10 trillion market.

After the Bloomberg report, Dimon on a conference call said the news coverage was “a complete tempest in a teapot.”

The losses disclosed today were “a little bit to do with the article in the press,” Dimon said , without specifying who in the bank oversaw the trades.”

Apocalypto – reads like a dude. You watched NN – air refueling planes costing a fortune when they could be converted from civil craft; Hammond snookered with military specification higher cost. Ummm me thinks all air worthy craft of that size have very high specification requirements, more to come on that one – well done on ferreting out that!

2b loss is nothing but we feel good about it. If a damn breaks we will feel very good about it!

Silver Bullet – nope, but we been saying on here for ages that CDS will blow up the banks, the problem is they can scam everything because they own everyones ass; isda who rule on CDS = banksters so maybe they figured they couldn’t get out of a legal situation and just held their hands up-get it out the way. I think it’s over Europe; Greece has been kept from going bust wither that or MF, but what do I know.

Everbody I mean EVERYBODY should go out and buy some physical silver tomorrow, doesn’t have to be a lot if we can get everyone on board we can do some damage. With JP Morgan floundering NOW is the time to put the squeeze on those naked shorts.

What a beautiful day, the sun is shining, holidays are almost here, kids doing great, grandkids even better, wife seems happy (for now anyway) and Jamie’s fucked up big time.
I don’t think life can get much better.
PS. Don’t forget to cover your silver shorts before you leave Jamie.

I dunno, sports fans. Somebody made a shitload of money off of this. And it’s hard to believe that those who were involved, weren’t involved. I wouldn’t be surprised if it isn’t just a way for some of the individuals in the company to bleed off easy profits out the back door just before the entire corporate body gets ‘sacrificed’. Just my two bitcoins.

9.5.2012 – 1/4 – UFO Intervention Coast to Coast AM Intuitive researcher and filmmaker, David Wilcock, discussed how UFO intervention is thwarting efforts to start WWIII and how this interference is part of an organized movement toward a golden age of humanity. He dubbed these actions “divine intervention,” since it appears that when the UFOs make their presence known they seem to do so for benevolent reasons. To that end, he specifically cited craft shutting down nuclear weapons as an example of their positive intent. Given the ephemeral and surreptitious work of these positive UFO events, Wilcock surmised that they are beholden to a “prime directive” to not overtly interfere in human events unless it is absolutely necessary, such as curtailing the proliferation of nuclear weapons.
Hic

Hey everyone.
This is the start of the TBTF Banking sector beginning the crying game Max always talks about.
“Tapeworm in Tears” is the headline.
There will be more in the lead up to QE 3.
Buy Gold and Silver untill your hands bleed
Onya Max ‘n’ Stacy.

Rebekah Brooks is back in the crease, the hair is parted and patted for some control, the dark circle eyes – crule is the lighting to women in stress. She is asking: ‘where am I going now?’ More serious and a bit ‘had enough of it’ ‘what’s the context’ Well now we all know what the context is don’t we. Jay has roughed up the ball with his sandpaper voice and she can’t always read it – getting fed up now.

The ‘Prohibition Era’ from 1920 to 1933, is blamed for enriching gangsters with so much easy money, that first they bribed and blackmailed their way into the halls of government. In exactly the same way that Marcus Tullius Cicero warned in his famous “TRAITOR” speech, and then they took control of the Economy. Finally the vast profits, much of it deposited in Switzerland, were used to engineer the Great Depression, where assets were bought for pennies on the dollar, and then they went for the jugular vein of Europe. After massive transfers of gold into Adolpf Hitler’s banks, the stage was set for The Industrial Military Congressional Complex (President Ike’s own wording) to step up into high gear. America faced a terrible problem, the Mafia had complete control of USA Ports. The Mafia Bosses were summoned for negotiations and a pragmatic solution was resolved (Much of these minutes will not see the light of day for another 30 years! under the 100 year Official Secrets Classification) Suffice to say that a new ‘Prohibition’ was demanded by the Mafia, but they faiuled to get a re-prohibition on booze!

The rest, as they say, is the history of our times. and “JP Morgan Chase” will doubtless contribute to the chapter on “Gangsterism” in that History Book.

Eddy Arnold: Arnold was born on May 15, 1918 on a farm near Henderson, Tennessee. His father, a sharecropper, played the fiddle, while his mother played guitar. As a boy Arnold helped on the farm, which later gained him his nickname—the Tennessee Plowboy. Arnold attended Pinson High School in Pinson, Tennessee, where he played guitar for school functions and events. He quit before graduation to help with the farm work, but continued performing, often arriving on a mule with his guitar hung on his back . Arnold also worked part time as an assistant at a mortuary .

Indeed. It is safe to assume that every public action by the banksters is a false-flag of one sort or another, i.e. an attempt to mislead, distract or jolt the onlooker onto the desired path. Just like any good conman would.

It’s like Hitler saying “I didn’t know that my soldiers invaded Russia” cause every trader on the block knew what was going on and even made up names for the trader like ‘whale’ and ‘Voldimort’.

Donnow about the American justice system cause they don’t seem to have one but in the Dutch Justice system the head of a company is responsible regardless if he knew it or not. If he didn’t knew it he suppose to have known about it as head of a company, simple as that. A judge can’t go into details about how somebody’s running his company that’s just ludricous but in the US this seems to be perfectly normal that you can put the blame on some lower minion.

My idea is that Americans don’t understand anything of the law system. They don’t even understand the principle of hierarchy of law like that a lower law never can put aside a higher law.

Central banking and the monetary system continue to exist because these are the weapons of mass financial destruction the insane oligarchs have in reserve in case the other control methods fail. Glass-Steagull was repealed to allow banksters to do exactly what they have been doing. This publicity about JPM is just misdirection to appease the masses that are becoming too aware about what is really going on, and cause people in general to think “corrective’ action will be taken to prevent more problems in the future.
A few billion is nothing for JPM. And they could have hidden the “loss” (real or not) easily if they wanted to. And so the show goes on.